LIBERTY DECOR: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LIBERTY DECOR
Largest movements
- Tangible fixed assets -€8,445
down €8,445 (-40.9%), from €20,638 to €12,193
of which Leasing and similar rights: -€8,093
- Receivables within one year +€4,543
up €4,543 (+384%), from €1,182 to €5,725
of which Trade receivables: +€2,975
- Deferred charges and accrued income +€680
new in 2025: €680
- Current portion of long-term debt -€10,500
down €10,500 (-74.1%), from €14,164 to €3,663
- Short-term financial debts +€6,833
new in 2025: €6,833
- Debts after one year +€3,020
up €3,020 (+11.9%), from €25,299 to €28,318
- Trade debts -€2,009
down €2,009 (-41.0%), from €4,904 to €2,895
- Profit (loss) carried forward -€565
down €565 (-1.6%), from -€36,306 to -€36,871
- Turnover +€27,816
up €27,816 (+97.4%), from €28,546 to €56,362
- Purchases and services +€16,462
up €16,462 (+44.2%), from €37,207 to €53,669
- Gross operating margin +€6,975
up €6,975 (+153%), from €4,549 to €11,524
- Other operating charges +€1,320
up €1,320 (+180%), from €732 to €2,052
- Financial charges -€798
down €798 (-33.4%), from €2,391 to €1,593
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,320 | €19,099 | -€3,222 | -14.4% |
| Fixed assets | 21/28 | €21,138 | €12,693 | -€8,445 | -40.0% |
| Tangible fixed assets | 22/27 | €20,638 | €12,193 | -€8,445 | -40.9% |
| Furniture and vehicles | 24 | €1,558 | €1,207 | -€352 | -22.6% |
| Leasing and similar rights | 25 | €19,080 | €10,987 | -€8,093 | -42.4% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,182 | €6,405 | +€5,223 | +442% |
| Amounts receivable within one year | 40/41 | €1,182 | €5,725 | +€4,543 | +384% |
| Trade receivables | 40 | €327 | €3,302 | +€2,975 | +909% |
| Other amounts receivable | 41 | €855 | €2,424 | +€1,569 | +183% |
| Deferred charges and accrued income | 490/1 | - | €680 | +€680 | |
| Total equity and liabilities | 10/49 | €22,320 | €19,099 | -€3,222 | -14.4% |
| Equity | 10/15 | -€22,047 | -€22,612 | -€565 | -2.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €6,192 | €6,192 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,306 | -€36,871 | -€565 | -1.6% |
| Amounts payable | 17/49 | €44,367 | €41,710 | -€2,656 | -6.0% |
| Amounts payable after more than one year | 17 | €25,299 | €28,318 | +€3,020 | +11.9% |
| Financial debts | 170/4 | €25,299 | €28,318 | +€3,020 | +11.9% |
| Amounts payable within one year | 42/48 | €19,068 | €13,392 | -€5,676 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | €14,164 | €3,663 | -€10,500 | -74.1% |
| Financial debts | 43 | - | €6,833 | +€6,833 | |
| Credit institutions | 430/8 | - | €6,833 | +€6,833 | |
| Trade debts | 44 | €4,904 | €2,895 | -€2,009 | -41.0% |
| Suppliers | 440/4 | €4,904 | €2,895 | -€2,009 | -41.0% |
| Turnover | 70 | €28,546 | €56,362 | +€27,816 | +97.4% |
| Non-recurring operating income | 76A | €13,209 | €8,831 | -€4,378 | -33.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €37,207 | €53,669 | +€16,462 | +44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,260 | €8,445 | +€185 | +2.2% |
| Other operating charges | 640/8 | €732 | €2,052 | +€1,320 | +180% |
| Gross operating margin | 9900 | €4,549 | €11,524 | +€6,975 | +153% |
| Operating profit (loss) | 9901 | -€4,443 | €1,028 | +€5,471 | |
| Financial charges | 65/66B | €2,391 | €1,593 | -€798 | -33.4% |
| Recurring financial charges | 65 | €2,391 | €1,593 | -€798 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,835 | -€565 | +€6,269 | +91.7% |
| Profit (loss) for the period | 9904 | -€6,835 | -€565 | +€6,269 | +91.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,835 | -€565 | +€6,269 | +91.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.